Nifty Trades for 10/01/2013

Jan 10, 2013 9:00 AM
71 Comments
10/01/2013 09:00  Trend: Negative, SL: 5980
10/01/2013 09:20  SL Triggered, Trend: Positive, SL: 5983
10/01/2013 10:25  SL Triggered, Trend: Negative, SL: 5998
10/01/2013 10:40  SL Trailed: 5993
10/01/2013 11:45  SL Trailed: 5990
10/01/2013 13:35  SL Trailed: 5978
10/01/2013 14:05  SL Trailed: 5971
10/01/2013 15:05  SL Triggered, Trend Positive, SL: 5953


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  1. Mahender Reddy PulakandlaJanuary 10, 2013 at 9:14 AM

    Good Morning Sunil

    ReplyDelete
    Replies
    1. Mahender Reddy PulakandlaJanuary 10, 2013 at 9:15 AM

      Levels for TataSteel and NIFTY please.

      Delete
    2. Mahender Reddy PulakandlaJanuary 10, 2013 at 9:18 AM

      Levels for HDFC also Pls

      Delete
    3. UnknownJanuary 10, 2013 at 9:23 AM

      Good Morning Mahender, :)

      Tata Steel weak below 425, Res: 425, 428.5, 436
      Nifty Resistance: 6020 Supports: 5996, 5982, 5959, 5947

      Delete
    4. UnknownJanuary 10, 2013 at 9:25 AM

      HDFC supports: 827, 820 Res: 842, 848

      Delete
    5. Mahender Reddy PulakandlaJanuary 10, 2013 at 9:44 AM

      Thank you again

      Delete
  2. nishantbJanuary 10, 2013 at 9:24 AM

    Goodmorning Sunil Sir :-)

    ReplyDelete
  3. UnknownJanuary 10, 2013 at 9:26 AM

    Hi SRji, Good Morning
    a gap up opening & a positive trend ok
    but how can be confirmed to test 6052+

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 9:32 AM

      Hi Krishna, Nifty needs to break above 6020 first

      Delete
  4. Chitrang DalalJanuary 10, 2013 at 9:40 AM

    sirjee... GM
    can i enter 860ce of hdfc now?

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 9:51 AM

      Hi D3@dY, GM, Make fresh entries in HDFC once it breaks above 842.

      Delete
    2. Chitrang DalalJanuary 10, 2013 at 9:57 AM

      Thank you sirjee!!
      Also, I have 6200ce. In marginal loss as of now!
      Hold or exit?

      Delete
    3. UnknownJanuary 10, 2013 at 10:08 AM

      Hold it unless 5959 is breached on hourly closing. No need to panic.

      Delete
    4. Chitrang DalalJanuary 10, 2013 at 10:09 AM

      Thank you!

      Delete
    5. UnknownJanuary 10, 2013 at 10:28 AM

      Most Welcome.

      Delete
  5. UnknownJanuary 10, 2013 at 9:57 AM

    GM sir holding tata motors @ 227 levels .book r wait?

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 10:11 AM

      GM, Hold for now with Trailing SL at 320, can see 355.

      Delete
  6. UnknownJanuary 10, 2013 at 10:03 AM

    Hi SR, I think market is not in the mood to go up...

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 10:13 AM

      Hi Vibhor, Don't be in haste. These are times when market tests your patience.

      Delete
    2. UnknownJanuary 10, 2013 at 10:17 AM

      ok SR.. Thanks..

      Delete
  7. UnknownJanuary 10, 2013 at 10:33 AM

    hi SR, If nifty holds 5965 today, then can we see 6099 tomorrow?

    ReplyDelete
  8. UnknownJanuary 10, 2013 at 10:48 AM

    HCL Tech is moving towards 648..

    ReplyDelete
  9. rameshbJanuary 10, 2013 at 10:51 AM

    GM SIR, WHAT ARE THE SUPPORT LEVEL OF RAYMONDS. NOW AT 440

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 12:04 PM

      GM ramesh, Sorry, do not track that scrip online.

      Delete
  10. UnknownJanuary 10, 2013 at 12:17 PM

    Sir can we buy L&T 1600 Call .

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 12:26 PM

      Hi Sonu, Don't go long on it yet. Overall looks weak.

      Delete
  11. UnknownJanuary 10, 2013 at 12:27 PM

    Sir can we buy SBIN 2300 PUT .

    ReplyDelete
  12. UnknownJanuary 10, 2013 at 12:29 PM

    Hello sir,
    Lets hope that worst is over,
    grab the opportunities ahead

    ReplyDelete
  13. UnknownJanuary 10, 2013 at 12:41 PM

    Sir can we short JAN 6000 CALL and JAN 6000 PUT for 1 or 2 days .

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 12:49 PM

      Hi Sonu, Nifty is been stuck in a small range of 5960-6020. As the range is very small, a breakout or breakdown is expected anytime soon. If you intend to go for a short straddle, keep strict SL below 5960 or above 6020.

      Delete
    2. UnknownJanuary 10, 2013 at 1:21 PM

      Sir, Short strangle of 6100CE & 5900PE of 80.00 on 07/01/2013 now cost 63/62

      Delete
    3. UnknownJanuary 10, 2013 at 1:29 PM

      Nice. Nifty has been range bound since then. Good gains.

      Delete
  14. YOUSUFJanuary 10, 2013 at 12:43 PM

    sir, can i buy 6100 ce once again in this dip 5965

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 12:53 PM

      Hi Yousuf, yes. But keep the same SL of 5959 (Hourly closing).

      Delete
  15. UnknownJanuary 10, 2013 at 1:27 PM

    Good AfterNoon Sir, will it be possible for you to let me know when nifty closes below 5959 on hourly chart because i dont have access to rt chart?

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 1:30 PM

      Good Afternoon, No issues. Will post a message if needed.

      Delete
    2. UnknownJanuary 10, 2013 at 1:35 PM

      Thank u Sir, will really appriciate it i have around 20 lots of 6200ce open, would have to close those positions..thanks..

      Delete
  16. Chitrang DalalJanuary 10, 2013 at 2:00 PM

    sirjee.... 5959 broken?

    ReplyDelete
  17. UnknownJanuary 10, 2013 at 2:03 PM

    Hourly Closing below 5959 ... Exit long positions in Nifty on any bounce or hedge long positions with a few puts.

    If possible hold longs till 5947 (hourly closing) is held.

    ReplyDelete
  18. UnknownJanuary 10, 2013 at 2:10 PM

    Sir I am holding 1 lot of JAN 6100 CALL , 2 lots of JAN 6200 CALLS and today I shorted 1 lot of FEB 6200 CALL @ around 52.90 . So I think I can hold all , as if Nifty goes down , My FEB 6200 Call will decay and also time decay will help .

    ReplyDelete
  19. UnknownJanuary 10, 2013 at 2:11 PM

    Sir, All nifty positions has been closed do let us know if any new positions can be taken..Thanks..

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 2:14 PM

      Wait for entering any new positions as of now.

      Delete
    2. UnknownJanuary 10, 2013 at 4:42 PM

      thank u sir..will be waiting for next update...

      Delete
  20. Chitrang DalalJanuary 10, 2013 at 2:50 PM

    sirjee...exit positions or hold?

    ReplyDelete
  21. YOUSUFJanuary 10, 2013 at 3:07 PM

    Sir, mkt very volatile
    I exited call cost to cost
    Nifty dily chart show a negatv divergence, a small correction chances, what is your openion.

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 3:17 PM

      Hi Yousuf, Yes, Markets are volatile. But downside is limited. Overall Trend remains positive as long as Nifty closes above 5924.

      Delete
  22. Mahender Reddy PulakandlaJanuary 10, 2013 at 3:14 PM

    Hey Folks,

    Consider "ULTRACEMCO" for BTST.

    Trade in small quantity please.

    Thanks
    Mahy

    ReplyDelete
  23. RameshJanuary 10, 2013 at 3:16 PM

    Hi Sunil,

    can I go with nifty 6200 CE Jan now

    ReplyDelete
  24. UnknownJanuary 10, 2013 at 3:33 PM

    Hello Sir,Good Afternoon
    Closing at 5968, possibilities?

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 3:45 PM

      Hi Krishna, Nifty closing above 5965 is not bad. But tomorrow market would be waiting for IIP data and take direction from its outcome.

      Delete
  25. UnknownJanuary 10, 2013 at 4:14 PM

    Hello Sir,
    I am long in Maruti futures. Can u pls tell me its levels if possible future levels, pls.

    ReplyDelete
    Replies
    1. UnknownJanuary 10, 2013 at 4:24 PM

      Hi Kishan, Has Support near 1550-52, Resistance near 1590-95. All are spot levels.

      Delete
  26. UnknownJanuary 10, 2013 at 4:21 PM

    Sir currently trend line support is @ around 5770 - 5780 . But in aprox. 12 days Trend Line support will be @ around 5900 . Please correct me , if I am going wrong .

    ReplyDelete
  27. UnknownJanuary 10, 2013 at 4:30 PM

    Thank u sir

    ReplyDelete

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